April 16, 2026
Trending now

Sheikh Khaled begins Beijing visit to deepen UAE-China ties

UAE and Italy leaders discuss security and cooperation

China auto output and sales jump in March

Bank of Korea keeps rate at 2.5% for seventh hold

Abdullah bin Zayed, Kaja Kallas review UAE-EU ties

China inflation hits 1% in March as PPI turns positive

UAE president hosts UK PM for regional security talks

Bahrain and UK review regional tensions and economic risks

Gold steadies as markets watch US-Iran talks

Nikkei falls as caution returns to Tokyo stocks

Month : April 2023

News

UN Secretary-General calls for financial system overhaul to support SDGs

omandailynews.com
On April 17, 2023, UN Secretary-General Ant0nio Guterres expressed concern that the 2030 Agenda for Sustainable Development is at risk of becoming a “mirage of what might have been” during his opening address at the Financing for Development Forum (FfD) held at UN Headquarters in New York. Guterres highlighted reports......
Business

Investors turn to gold amid US monetary policy uncertainty

omandailynews.com
Gold prices experienced a rebound on April 18, 2023, after two consecutive sessions of losses, as the dollar’s value weakened and investors sought further clarity on the US Federal Reserve’s monetary policy stance, according to a Reuters report. Spot gold increased by 0.2% to $2,001.09 per ounce, while US gold......
Business

ADCB sees 27 percent increase in Q1 23 net profit reaching AED 1.87 billion

omandailynews.com
Abu Dhabi Commercial Bank (ADCB) has reported a remarkable 27% surge in its net profit for Q1 2023, reaching AED1.878 billion. The bank’s net interest income also grew by 33% to AED2.851 billion, while non-interest income rose by 34% to AED1.061 billion. ADCB’s total assets rose by 13% to AED501......
News

President of Brazil embarks on official visit to the UAE

omandailynews.com
Luiz Inacio Lula da Silva, the President of Brazil, arrived in the UAE today for an official visit, accompanied by his wife and First Lady of Brazil, Rosangela Lula da Silva. Upon their arrival at the Presidential Flight in Abu Dhabi, the couple was greeted by a delegation of officials,......
Business

JPMorgan Chase exceeds expectations with stellar first-quarter results

omandailynews.com
JPMorgan Chase announced a record-breaking first-quarter profit and revenue that surpassed expectations on Friday. The New York-based bank reported a profit of $12.6 billion or $4.10 per share, up 52% from $8.3 billion or $2.63 per share a year earlier. Analysts had predicted earnings of $3.41 per share, according to......
News

Italy declares six-month state of emergency to tackle migrant crisis

omandailynews.com
The Italian government has declared a six-month national state of emergency to manage the influx of migrants arriving on the country’s southern shores. The decision was made due to the overwhelming number of migrants arriving in Italy, especially on a tiny Mediterranean island. The government has approved an initial funding......
Business

EGA partners with HILT CRC for alumina refining decarbonization

omandailynews.com
Emirates Global Aluminium (EGA) has announced its collaboration with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance research in the decarbonization of alumina refining. HILT CRC is an Australian cooperative research center that brings together industry, researchers, and government to achieve technological breakthroughs in the decarbonization......
News

Kuwait News unveils AI-based news anchor Fedha

omandailynews.com
Kuwait News website has introduced an artificial intelligence-based virtual news presenter named ‘Fedha.’ The AI news anchor appeared on the Twitter account of the website on Saturday. The website plans to make Fedha read online bulletins in the future. Abdullah Boftain, Deputy Editor in Chief of Kuwait News, said that......
News

Demographic catastrophe looms over Italy as births hit record low and population plummets

omandailynews.com
National statistics bureau ISTAT reports that Italy’s population continues to shrink as births hit a record low in 2022, falling below 400,000. The country’s dearth of babies is considered a national emergency, with fixing the problem being a prominent policy pledge by Giorgia Meloni ahead of last year’s election. Last......
Automotive

Toyota debuts C+walk S for increased safety and mobility for all

omandailynews.com
Toyota Motor Corporation announced the launch of C+walk S, a pedestrian-mobility-assistance model and the second in the new C+walk mobility series, available at Toyota automobile dealers and rental/leasing stores from March 20, 2023. Toyota has also enhanced its standing-type model C+walk T as well as the C+pod. The C+walk T,......